Hot Topic sales fall 3.3% in June

CHICAGO (MarketWatch) -- Music-inspired teen-wear retailer Hot Topic Inc. reported a 3.3% decrease in sales at stores open longer than a year in June. The results were slightly deeper than the 3.2% average decline expected by analysts reporting to Thomson First Call. Total sales reached $57 million, an 11% increase over the same period a year ago. Shares of Hot Topic
HOTT
finished Wednesday's session at $19.18, off 27 cents, ahead of the news.

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